BSX Date First Found - November 15, 2016 Pattern/Why- breakdown of trend line and up channel Entry Target Criteria- Retest overhead resistance at $21.47 Exit Target Criteria- $17.13 Stop Loss Criteria- $22.13 Indicator Notes- huge drop in Twiggs Money Flow Special Note- we would consider February $20.00 Puts currently @ $0.68
BSX (22.04) just bounced off trendline support going back to 2012. Stock has affinity with it's 50-day MA, which is currently above 23. I would guess stock should at least trade back to 22.80.
Chart very bullish with strong sentiment and positive press. Should continue to trade in Bullish pattern.
Nice wave rotation, bounce off the EMA's. Orcun in this trade